Coinbase said it’s received regulatory approval to bring federally regulated crypto futures trading to eligible customers in the U.S., sending shares sharply higher before the opening bell Wednesday. Now that it has received approval, Coinbase says eligible U.S. Coinbase Financial Markets, subject to the oversight of the Commodity Futures Trading Commission and the NFA. Securities and Exchange Commission filed lawsuits against Binance and Coinbase, saying that the companies were in violation of the the law because they were operating as securities exchanges without registering with the agency. Coinbase said Wednesday that it had secured regulatory approval from the National Futures Association to operate as a futures commission merchant. In June, the U.S.

The company tweeted that it can now offers cryptocurrency futures contracts in bitcoin and ether. Futures are derivative contracts to buy or sell an asset at a later date at a price previously agreed to under a contract. “We believe this is a watershed moment to be able to bring regulated crypto products to U.S. The Coinbase website currently has a message that says U.S. It invites people to sign up for its waitlist.

However, if the improvements continue, there is nothing holding them back from getting there. However, if you don’t pay attention to what you are doing, the consequences can be disastrous. If you have a solid plan, stick to it and manage your risks! As usual, please remember this article is based on my own experiences in trading, Financial Signals and it does not constitute financial advice. Do your research, try new things out and let’s continue to make some money. Risk management is a must have if you want to open the leverage box. To put it into a nice analogy, leverage is like a nuclear power plant – highly powerful and perfectly safe if you keep it in check.

LBank Launchpool: Users can lock their assets to earn new tokens, receiving an allocation of new tokens based on their holdings. Flexible pools allow users to deposit and withdraw anytime, with no lock-up periods. They may also have to meet other participation requirements like completing certain trades, and holding a certain amount of specified tokens. Airdrop: Users can express interest in an airdrop, where they will receive a share of the airdropped token based on their holdings. Deposits (Locked / Flexible): Users can deposit supported tokens into locked or flexible pools, London where they will receive APY for their deposits.